29-year-old crypto billionaire Sam Bankman-Fried said in a recent interview that buying Goldman Sachs is ‘not out of the question’ | Currency News | Financial and Business News

Sam Bankman-Fried, founder and CEO of crypto exchange FTX.

  • Sam Bankman-Fried, CEO of crypto exchange FTX, told the FT that acquiring Goldman Sachs was “not out of the question” should FTX grow big enough.
  • FTX is in the midst of a new funding round, but doesn’t have current plans to IPO.
  • Average daily trading volume on FTX has shot up 11-fold between October and April of this year.
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Sam Bankman-Fried, the CEO of crypto exchange FTX, said in an interview with the Financial Times that acquiring Goldman Sachs or CME Group was “not out of the question” should FTX grow big enough.

FTX – which Bankman-Fried has previously said is seeking a $20 billion valuation – still has yet to overtake its crypto competitors Binance and Coinbase. But the exchange still has considerable room to grow, the 29-year-old billionaire said, hinting at future acquisitions.


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